SOLD
Sold on 03 Jul 2024 for $985,000

18 Oakleigh Way
Morisset NSW 2264

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Floor area: 147m2
Land area: 538m2
Sold By
PRD Lawson Estate Agents
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Property Details for 18 Oakleigh Way, Morisset

18 Oakleigh Way, Morisset is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 538m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Morisset in the last 12 months.

Building Type
House
Year Built
2017
Floor Size
147m2
Land Size
538m2
Local Government
Lake Macquarie
Lot/Plan
23/DP1223936

Last Listing description (August 2024)

Fantastic investment opportunity with this modern dual-occupancy will greatly appeal to investors seeking a dual-income return. Combined estimated rental return of $1055.00 per week. The property could also suit couples wanting to live on one side and rent the other, or families needing to house multi-generations.
Both homes are contemporary in design, offer quality inclusions and within walking distance to Morisset town centre, train station, a 5-minute drive to the M1 Freeway and only 60-minutes to Wahroonga.

Highlights include;

Single level layouts with air-conditioned open plan living
Private covered entertaining areas for both sides
Modern feel throughout with sizeable bedrooms all with built-ins
Quiet location, with easy access to local shops and schools.
Quality kitchen with stainless steel appliances and ample storage
Combined possible rental return of $1055.00 per week

18a Oakleigh: Currently rented: $585 per week.
18b Oakleigh: Estimated return: $470 per week.

A lucrative purchase for investors seeking a rewarding return. This dual key investment is in Morisset close to the train station and local shops, and only minutes from the M1 motorway. Contact Kerrie and the team at LAWSON to arrange an inspection.

Making it quicker and easier for buyers and sellers to connect. Please email or SMS us for a detailed Webbook that includes Price Guide, Contract, Floorplans, Council Rates, and detailed property information.

Disclaimer: All sizes and rent estimates are approximate. Refer to sales contract for full details. We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective tenants and purchasers are advised to carry out their own investigations and satisfy themselves with all aspects of such information including without limitation, any dimensions, areas, zoning, approvals, and permits. Purchasers should make their own inquiries, seek their own advice, and rely only upon those inquiries and advice.

Property History for 18 Oakleigh Way, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$985,000
03 Jul 2024
Listed for Rent
$585/w
21 Apr 2023
  • 03 Jul 2024
    Sold for $985,000
  • 04 Jun 2024
    Listed for Sale Undisclosed
  • 30 May 2024
    Listed for Rent $470 / week
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About Morisset 2264

The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.

Morisset has 2,921 properties. Over the last 5 years, Houses in Morisset have seen a 76.40% increase in median value, while Units have seen a 28.08% increase. As at 31 July 2024:

  • The median value for Houses in Morisset is $847,050 while the median value for Units is $563,798.
  • Houses have a median rent of $555 while Units have a median rent of $480.
There are currently 27 properties listed for sale, and 15 properties listed for rent in Morisset on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Morisset.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.